Hobbs, NM

Metropolitan Statistical Area (MSA)

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2024 Population
73,733
US Senator
Martin Heinrich
Democratic Party
US Senator
Ben Ray Luján
Democratic Party
2024 Poverty Rate
18.7%
0.203% 1-year increase
2024 Median Household Income
$68,015
1.07% 1-year decline
2024 Median Property Value
$184,000
4.55% 1-year growth
2024 Employed Population
31,081
0.909% 1-year growth

About

None of the households in Hobbs, NM reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

85.7% of the residents in Hobbs, NM are U.S. citizens.

The largest universities in Hobbs, NM are New Mexico Junior College (381 degrees awarded in 2023) and University of the Southwest (290 degrees).

In 2024, the median property value in Hobbs, NM was $184,000, and the homeownership rate was 71.2%.

Most people in Hobbs, NM drove alone to work, and the average commute time was 24.4 minutes. The average car ownership in Hobbs, NM was 2 cars per household.

United StatesNew Mexico

Population & Diversity

Hobbs, NM is home to a population of 73.7k people, from which 85.7% are citizens. As of 2024, 18.3% of Hobbs, NM residents were born outside of the country (13.5k people).

In 2024, there were 1.15 times more Two Races Including Other (Hispanic) residents (26.3k people) in Hobbs, NM than any other race or ethnicity. There were 22.9k White (Non-Hispanic) and 10k Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

85.7%
2024 Citizenship
86.2%
2023 Citizenship

As of 2024, 85.7% of Hobbs, NM residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Hobbs, NM was 86.2%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Hobbs, NM compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Hobbs, NM
  1. Two Races Including Other (Hispanic)
    26.3k ± 1.98k
  2. White (Non-Hispanic)
    22.9k ± 183
  3. Other (Hispanic)
    10k ± 1.27k
62.7%
Hispanic Population
46.3k people

In 2024, there were 1.15 times more Two Races Including Other (Hispanic) residents (26.3k people) in Hobbs, NM than any other race or ethnicity. There were 22.9k White (Non-Hispanic) and 10k Other (Hispanic) residents, the second and third most common ethnic groups.

62.7% of the people in Hobbs, NM are hispanic (46.3k people).

The following chart shows the 8 races represented in Hobbs, NM as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the MSA level, so we are showing data for New Mexico.
Most Common Origin
  1. Mexico
    124,411 ± 8,401 people
  2. Philippines
    6,498 ± 1,976 people
  3. Germany
    4,186 ± 1,587 people

In 2023, the most common birthplace for the foreign-born residents of New Mexico was Mexico, the natal country of 124,411 New Mexico residents, followed by Philippines with 6,498 and Germany with 4,186.

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Foreign-Born Population

18.3%
2024 Foreign-Born Population
13.5k people
17.9%
2023 Foreign-Born Population
13.1k people

As of 2024, 18.3% of Hobbs, NM residents (13.5k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Hobbs, NM was 17.9%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Hobbs, NM compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    588 ± 164
  2. Gulf War (2001-)
    364 ± 153
  3. Gulf War (1990s)
    342 ± 137

Hobbs, NM has a large population of military personnel who served in Vietnam, 1.62 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Hobbs, NM.

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Economy

The economy of Hobbs, NM employs 31.1k people. In 2024, the largest industries in Hobbs, NM were Mining, Quarrying, & Oil & Gas Extraction (4,387 people), Educational Services (3,464 people), and Construction (3,006 people), and the highest paying industries were Utilities ($112,287), Transportation & Warehousing, & Utilities ($74,938), and Mining, Quarrying, & Oil & Gas Extraction ($74,018).

Employment

Occupations

31.1k
2024 Value
± 1,707
0.909%
1 Year growth
± 7.67%

From 2023 to 2024, employment in Hobbs, NM grew at a rate of 0.909%, from 30.8k employees to 31.1k employees.

The most common job groups, by number of people living in Hobbs, NM, are Construction & Extraction Occupations (3,923 people), Office & Administrative Support Occupations (3,347 people), and Management Occupations (3,218 people). This chart illustrates the share breakdown of the primary jobs held by residents of Hobbs, NM.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Mexico.

This chart shows weekly unemployment insurance claims in New Mexico (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

31.1k
2024 Value
± 1,707
0.909%
1 Year growth
± 7.67%

From 2023 to 2024, employment in Hobbs, NM grew at a rate of 0.909%, from 30.8k employees to 31.1k employees.

The most common employment sectors for those who live in Hobbs, NM, are Mining, Quarrying, & Oil & Gas Extraction (4,387 people), Educational Services (3,464 people), and Construction (3,006 people). This chart shows the share breakdown of the primary industries for residents of Hobbs, NM, though some of these residents may live in Hobbs, NM and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$54,357
Median earning men ± $5,591
$33,585
Median earning women ± $2,709

The industries with the best median earnings for men in 2024 are Manufacturing ($76,853), Transportation & Warehousing, & Utilities ($76,042), and Agriculture, Forestry, Fishing & Hunting, & Mining ($73,300).

The industries with the best median earnings for women in 2024 are Transportation & Warehousing, & Utilities ($66,771), Wholesale Trade ($60,179), and Public Administration ($57,566).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New Mexico.
Y-Axis
2.72%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 860k people employed in New Mexico. This represents a 2.72% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.8%.

The following chart shows monthly employment numbers for each industry sector in New Mexico.

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Establishments by Size

The industries with the most establishments
  1. 124
    Transportation and Warehousing
  2. 91
    Other Services (except Public Administration)
  3. 82
    Retail Trade

The visualization shows the distribution of establishments by industry and by size according to the number of employees.

The visualization shows the number of establishments and its share across establishment sizes.

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Payroll by Industry Sector

The industries with the highest total annual payroll
  1. $424k
    Mining, Quarrying, and Oil and Gas Extraction
  2. $150k
    Construction
  3. $149k
    Transportation and Warehousing

The chart shows the total annual payroll and the average annual payroll by industry.

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Education

In 2023, universities in Hobbs, NM awarded 671 degrees. The student population of Hobbs, NM in 2023 is skewed towards women, with 1,100 male students and 2,052 female students.

Most students graduating from Universities in Hobbs, NM are Hispanic or Latino (288 and 43.2%), White (259 and 38.9%), Black or African American (66 and 9.91%), and Unknown (31 and 4.65%).

The largest universities in Hobbs, NM by number of degrees awarded are New Mexico Junior College (381 and 56.8%) and University of the Southwest (290 and 43.2%).

The most popular majors in Hobbs, NM are General Studies (210 and 31.3%), Criminal Justice - Safety Studies (58 and 8.64%), and General Cosmetology (45 and 6.71%).

The median tuition cost in Hobbs, NM for private four year colleges is $16,470.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University
Measure

In 2019 in Hobbs, NM, the percentage of applicants admitted was 45.4%, while the percentage of admitted who enrolled was 69.5%. The number of students enrolled in 2023 was 3,152 (34.9% men and 65.1% women).

The line chart  shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

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Enrollments by Gender and Races

Universities

In 2023 there were 3,152 students enrolled in Hobbs, NM, 34.9% men and 65.1% women.

By race, the largest number of students enrolled was concentrated in Hispanic or Latino with 1,618 records, of which 66.4% were women and 33.6% men.

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Completions

Concentrations

Most Common
  1. General Studies
    198 degrees awarded
  2. Registered Nursing
    14 degrees awarded
  3. Automobile Mechanics Technology
    14 degrees awarded

In 2023, the most common concentation for Associates Degree recipients in Hobbs, NM was General Studies with 198 degrees awarded.

This visualization illustrates the percentage of students graduating with a Associates Degree from schools in Hobbs, NM according to their major.

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Universities

Gender
Race
Largest Universities by degrees awarded
  1. New Mexico Junior College
    381 degrees awarded
  2. University of the Southwest
    290 degrees awarded

In 2023, the institution with the largest number of graduating students was New Mexico Junior College with 381 degrees awarded.

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Student Diversity

University

In 2023, 245 men were awarded degrees from institutions in Hobbs, NM, which is 0.575 times less than the 426 female students who received degrees in the same year.

In 2023, the most common race/ethnicity group awarded degrees at institutions was Hispanic or Latino students. These 288 degrees mean that there were 1.11 times more degrees awarded to Hispanic or Latino students then the next closest race/ethnicity group, White, with 259 degrees awarded.

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Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Tuition

Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($16,470) is the sector with the highest median state tuition in 2023.

Public, 2-year ($480) is the sector with the highest median state fee in 2023.

Public, 2-year ($1,680) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

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Housing & Living

The median property value in Hobbs, NM was $184,000 in 2024, which is 0.553 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $176,000 to $184,000, a 4.55% increase. The homeownership rate in Hobbs, NM is 71.2%, which is higher than the national average of 65.2%.

People in Hobbs, NM have an average commute time of 24.4 minutes, and they drove alone to work. Car ownership in Hobbs, NM is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$184,000
Median Property Value 2024
±$8,831
$17,559
Median Property Taxes
±$1,120

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Hobbs, NM the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Hobbs, NM compared to it's parent and neighbor geographies.

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Rent vs Own

71.2%
Homeownership
2024
68.2%
Homeowners with Mortgage
2024

In 2024, 71.2% of the housing units in Hobbs, NM were occupied by their owner. This percentage grew from the previous year's rate of 69.5%.

This chart shows the percentage of owner in Hobbs, NM compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$68,015
Median Household Income
± $5,605
24.7k
Number of Households
± 1,494

In 2024, the median household income of the 24.7k households in Hobbs, NM declined from $68,015 from the previous year's value of $68,750.

The following chart displays the households in Hobbs, NM distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Hobbs, NM is from New Mexico.
0.462
2023 Wage GINI in New Mexico
0.462
2022 Wage GINI in New Mexico

In 2023, the income inequality in New Mexico was 0.462 according to the GINI calculation of the wage distribution. Income inequality had a 0.0654% growth from 2022 to 2023, which means that wage distribution grew somewhat less even. The GINI for New Mexico was lower than than the national average of 0.476. In other words, wages are distributed more evenly in New Mexico in comparison to the national average.

This chart shows the number of workers in New Mexico across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (75.6%)
  2. Carpooled (18%)
  3. Worked At Home (3.68%)

In 2024, 75.6% of workers in Hobbs, NM drove alone to work, followed by those who carpooled to work (18%) and those who worked at home (3.68%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

24.4 minutes
Average Travel Time

Using averages, employees in Hobbs, NM have a shorter commute time (24.4 minutes) than the normal US worker (26.4 minutes). Additionally, 8.52% of the workforce in Hobbs, NM have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Hobbs, NM compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Hobbs, NM distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Hobbs, NM have 2 cars.

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Poverty

Poverty & Diversity

18.7% of the population for whom poverty status is determined in Hobbs, NM (13.4k out of 71.5k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Females 6 - 11 and then Males < 5.

The most common racial or ethnic group living below the poverty line in Hobbs, NM is Hispanic, followed by White and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

85.1% of the population of Hobbs, NM has health coverage, with 35.7% on employee plans, 32.2% on Medicaid, 8.18% on Medicare, 8.49% on non-group plans, and 0.536% on military or VA plans.

Primary care physicians in New Mexico see 1,344 patients per year on average, which represents a 0% change from the previous year (1,344 patients). Compare this to dentists who see 1436 patients per year, and mental health providers who see 215 patients per year.

By gender, of the total number of insured persons, 51.1% were men and 48.9% were women.

Coverage

Patient to Clinician Ratios

Data is only available at the state level. Showing data for New Mexico.
1,344 to 1
Patient to Primary Care Physician Ratio in New Mexico

Primary care physicians in New Mexico see an average of 1,344 patients per year. This represents a 0% change from the previous year (1,344 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in New Mexico in comparison to its neighboring geographies.

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Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 31.9% under 18 years, 22.6% between 18 and 34 years, 34.1% between 35 and 64 years, and 11.4% over 64 years.

By gender, of the total number of insured persons, 51.1% were men and 48.9% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

14.9%
Uninsured
35.7%
Employer Coverage
32.2%
Medicaid
8.18%
Medicare
8.49%
Non-Group
0.536%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Hobbs, NM grew by 3.78% from 14.3% to 14.9%.

The following chart shows how the percent of uninsured individuals in Hobbs, NM changed over time compared with the percent of individuals enrolled in various types of health insurance.

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